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Author: ravvt Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 56843  
Subject: Re: US Advanced Technology decline Date: 9/7/2011 1:21 AM
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Reductions in scientific research funding is already having a negative impact on the US and it is destined to get worse as T-baggers insist on destroying the government so that they don't have to pay taxes.


… maybe Urkel should have a talk with his two favorite companies to put a stop to some of the more egregious technology transfers especially since his "Jobs Czar" is leading the charge at GE ....


http://online.wsj.com/article/SB1000142405297020373100457604...

China Squeezes Foreigners for Share of Global Riches



General Electric Co. is finalizing plans for a 50-50 joint venture with a Chinese military-jet maker to produce avionics, the electronic brains of aircraft. The deal with Aviation Industry Corp. of China would give GE access to a Chinese government project aimed at challenging Boeing Co. and Airbus in the civilian-aircraft market.

General Motors Co. established a joint venture this year with SAIC Motor Corp., its longtime partner in China, to produce and sell their no-frills Wuling-brand microvans in India, and eventually in Southeast Asia and other emerging markets as well.

The two deals show China Inc.'s growing international ambitions, as well as its increasing leverage over foreign partners. To make the deal happen, GE Chief Executive Jeffrey Immelt agreed to fold into the venture some of his company's global business in nonmilitary avionics. GM, in its deal, contributed technology, its manufacturing facilities in India and use of its Chevrolet brand name in that market.




http://articles.boston.com/2011-07-26/business/29817324_1_ge...

GE X-ray leaders move to China

General Electric Co.’s health care unit, the world’s biggest maker of medical imaging machines, is moving the headquarters of its 115-year-old X-ray business to Beijing.

“A handful’’ of top managers will move to the Chinese capital and there won’t be any job cuts, said Anne LeGrand, general manager of X-ray for GE Healthcare. The headquarters will move from Wisconsin amid a broader plan to invest about $2 billion across China, including opening six “customer innovation’’ and development centers.
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